Rhino9326 Rhino9326
  • 01-06-2017
  • Social Studies
contestada

How does price changes affect the demand for goods that are unrelated?

Respuesta :

josiedamon1
josiedamon1 josiedamon1
  • 01-06-2017
Well, if the amount of a object increased, but there was a alternative you could buy that would save you money, you would chose the cheaper(but the same) product. 
For instance if the price of Orange Juice A went up by $2, but the price of Orange Juice B stayed the same, people would stop buying Orange Juice A, and the demand for OJ B would increase, even though its unrelated to the price change.
Answer Link

Otras preguntas

In 1803, the United States purchased the Louisiana Territory from? A. Britian B. France C. Florida D. Spain
how do you put 0.375,0.300,and 0.387 in order from least to greatest
What were the two main compromises of the constitutional convention and how did they affect the government
(the photo is horizontal) Can every number be represented as a decimal? Please help
What is the Ka’aba? an Islamic deity a Muslim pilgrim a book of Sharia laws an ancient stone temple
whats 450/100 im simplest form
A pH of 2 indicates a(n) _____.
can someone help me in this I'm not to sure
What occupations did the jumanoes have?
The original Almohads and Almoravids were both a part of which group? a. Muslim reformers b. Bantu-speaking peoples c. Swahili peoples d. Arab peoples